Award Recognizes Entrepreneurial Excellence in Technology Category
SUNNYVALE, Calif., June 14, 2010 – InvenSense, Inc., the leading solution provider for the motion processing market, today announced that Steven Nasiri, founder and CEO, received the Ernst & Young Entrepreneur of the Year® 2010 Award in the technology category in Northern California. According to Ernst & Young LLP, the award recognizes outstanding entrepreneurs who are building and leading dynamic, growing businesses. Nasiri was selected by an independent panel of judges, and the award was presented at a gala event at the San Jose Fairmont Hotel on June 12, 2010.
“I am honored to be recognized by Ernst & Young as the technology industry entrepreneur of the year in Northern California for 2010,” said Steve Nasiri, InvenSense founder, CEO, and Chairman of the Board. “I am thankful to our team of executives and engineers who have helped me to achieve success with InvenSense and meet our company goal to become the world leader in our market.”
InvenSense is the leading supplier of MotionProcessing™ technology delivering the only fully integrated natural and intuitive gesture user interfaces for motion-based applications including mobile phones, tablets, game controllers, 3D mice and remote controls for sports and fitness, healthcare and home monitoring, robotics and toys. Based on the patented Nasiri-Fabrication platform, InvenSense supplies consumer electronics OEMs worldwide with the smallest, most robust and competitively priced MotionProcessing solutions.
The Ernst & Young Entrepreneur of the Year awards celebrate their 24th anniversary this year. The program honors entrepreneurs who have demonstrated exceptionality in such areas as innovation, financial performance and personal commitment to their businesses and communities.
As a Northern California award recipient, InvenSense is now eligible for consideration for the Ernst & Young LLP Entrepreneur of the Year 2010 national program. Award recipients in several national categories, as well as the overall national Ernst & Young Entrepreneur of the Year award recipient, will be announced at the annual awards gala in Palm Springs, California on InvenSense, Inc. | 1197 Bor regas Avenue | Sunny vale, CA 94089 | 408.988.7339 | Fax 408.988.8104 The Leader in Consumer Mot ion Proces s ing Solut ions | www. invensense. com November 13, 2010. The awards are the culminating event of the Ernst & Young Strategic Growth Forum, the nation’s most prestigious gathering of high-growth, market-leading companies.
Founded and produced by Ernst & Young LLP, the Entrepreneur of the Year awards are pleased to have SAP and the Ewing Marion Kauffman Foundation as national sponsors.
In Northern California, local sponsors include The Big Picture Film & Video Arts Inc., Manpower, Smart Business, Scherzer International and The Summit Group.
InvenSense is the leading solution provider for the motion processing market for mobile consumer applications, with proven technology and products shipped in millions of units monthly to customers worldwide. The company’s patented MotionProcessing technology and Nasiri-Fabrication platform address the emerging needs of many mass-market consumer applications such as gaming, image stabilization, remote controls, and handsets that require improved performance, enhanced features, and new and more intuitive motion and gesture-based user-interface solutions. InvenSense is a privately held company with headquarters located in Sunnyvale, California. More information can be found at http://www.invensense.com.
Ernst & Young’s Entrepreneur Of The Year® is the world’s most prestigious business award for entrepreneurs. The award makes a difference through the unique way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Ernst & Young Entrepreneur Of The Year® celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 135 cities in 50 countries.
Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young LLP is a client-serving member firm of Ernst & Young Global Limited located in the U.S.
For Press and Analyst Inquiries, Contact:
Amelia J-Lewis, Public Relations
408.988.7339 x297
ajlewis@invensense.com
